Nkosi heads up i2i's Applications Lab which seeks to increase the use of client data and research by financial service providers in the development of products and services for financially underserved individuals.
We have launched a COVID-19 Tracker, The survey themes include health and risk behaviours, food security, income, work and job security, personal safety concerns, and access to government and community support. www.covid19tracker.africa
Nkosi heads up i2i's Applications Lab which seeks to increase the use of client data and research by financial service providers in the development of products and services for financially underserved individuals.
Herman Smit (Founder and Advisor) Interviews the new i2i lead, Celina Lee.
Families' access to financial resources is crucial for building thriving communities and fostering economic growth. Remittances, as a vital source of income, provide millions of people with the means to meet their basic needs.
DataHack4FI Season 1 in-country winner for Ghana
The first in-country launch of DataHack 4 Financial Inclusion Season 2 takes place in Ghana, November 2017
The second in two-part series of curated links to articles offering tips on developing a data strategy.
If you are not already following a data-oriented business strategy, it can be difficult to know where to start. Two handbooks offer practical advice for FSPs.
Barney de Jongh, of Digital Frontiers Institute, talks to us about leveraging agents and data and driving meaningful usage of mobile money products.
Ekow Duker of Ixio Analytics talks about the way financial service providers approach and use data.
i2i is talking to financial service providers about the way data can be used to unlock new markets.
i2i interviews Marc van der Zon from Hollard on the challenges and opportunities that data presents.
Morné van der Westhuizen and Alex Shabala talk to us about Zoona's creative approach to data collection.
When it comes to data, banks have assets that fintechs lack, says Pieter Vorster.
The 2024 SADC Financial Inclusion Forum featured discussions on digital payments, regulatory frameworks, and innovation, promoting collaboration to enhance financial inclusion and regional investment opportunities.
Africa loses $88.6 billion annually to illicit financial flows, harming development. Financial inclusion can combat this by promoting transparency, reducing unregulated channels, and supporting economic growth.
UN Women has published an analysis of the current status of financial inclusion in SADC countries, with inputs from the SADC Secretariat and FinMark Trust. Read the factsheet.
The UN Women report titled “Her Finance, Her Future – Building Stronger Economies One Woman at a Time” explores the status of financial inclusion in SADC, focusing on women's access to and use of financial services.
FinMark Trust is proud to have contributed to this comprehensive report. Download the Financial Inclusion and Gender in SADC Sub-region Status Report for the statistical findings.
From 2 to 5 September, our CEO, Brendan Pearce, joined the Forum in San Salvador, moderating a session on using innovation and AI to support women-owned informal businesses, and sharing insights on data's role in financial inclusion.
At the 2024 SARB Payments Conference, it was stressed that financial inclusion starts with access but must lead to active use for it to make a real difference.
The launch of the FinScope MSME South Africa 2024 results unveiled the most recent insights into the key challenges and advancements in financial inclusion and sector development for MSMEs in South Africa.
The 2023 year survey shows financial inclusion has increased, with a significant drop in financial exclusion from 51% in 2014 to 12% in 2023, largely due to the rapid adoption of mobile money services.
The media extensively reported on the insights of the FinScope Consumer South Africa 2023 report. You can find links to most of the TV, radio, and news reports here.
Lesotho has made remarkable strides in financial inclusion, with 87% of its population having access to formal financial services in 2021. This commendable achievement positions the country among the most financially inclusive in the region.
The presentation of results by Jabulani Khumalo - Senior Data and Analytics Specialist, a keynote address by Dr. Pali Lehohla, and a panel discussion with experts Kershia Singh, Dr. Thabang Chiloane, and Pamela Ramagaga.
This year's findings highlight the financial challenges in South Africa, with 40% of adults borrowing money for food and 20 million adults experiencing electricity cuts due to affordability in the past year.
Explore Zimbabwe's mobile money evolution, challenges and economic impact with our guide. Drawing on 2018-2021 data, this publication delves into the milestones, regulations and societal effects of mobile money services, and more.
The South African informal sector is a vibrant thread, pulsating with entrepreneurial energy. Valued at almost $10 billion annually and representing 17% of the country’s total employment.
Formal financial and economic inclusion remains pivotal in addressing the rampant inequality in many African economies today.
The modern world has moved towards digitisation, yet a significant gap remains in terms of financial and economic inclusion, particularly in Africa. Despite this, there is a substantial opportunity to harness the power of data to bridge this gap.
Offre un résumé complet des perspectives précieuses et des discussions stimulantes partagées lors de la conférence. Le rapport comprend des interviews post-événement avec certains de nos principaux parties prenantes.
Apresenta um resumo abrangente das perspectivas valiosas e das discussões instigantes compartilhadas durante a conferência. O relatório inclui entrevistas pós-evento com alguns dos nossos principais intervenientes.
The FinScope Consumer Survey provides reliable benchmarks on financial inclusion in Angola, these findings benefit various sectors, with the aim of improving the lives of Angolan individuals.
Twenty years ago, when FinMark Trust was established, we took the dream of making financial markets work for the poor and turned it into reality. Join us as we reflect on this journey, with key milestones highlighted in our digital journal.
This summary guide of the report on the state of the digital payments ecosystem in South African townships (Hammanskraal and Tembisa) shares key insights and recommendations from research conducted in 2022.
Provide an in-depth understanding of community needs and attitudes vis-à-vis financial services, digital services, community structures and support services.
The Ghana Demand Side Survey 2021 provides credible benchmarks on the level of financial inclusion and, using empirical evidence, guides focused and targeted financial inclusion strategies.
FinScope consumer surveys offer insights into people's financial needs, preferences, and behaviour. It does not attempt to replicate the work of censuses or other annual surveys.
Past and present leaders of FinMark Trust discuss our beginnings, our impact and our plans to continue encouraging financial markets to work for the poor.
This pocket guide highlights key findings from the market assessment of remittance flows into and out of South Africa using SARB data and a mystery shopping exercise looking at the costs of remitting via various channels, from South Africa.
FinMark Trust conducted a market assessment of remittance flows into and out of South Africa using SARB data and a mystery shopping exercise looking at the costs of remitting via various channels, from South Africa to other countries in the SADC.
To celebrate this milestone in our own development – and for the development of the financial inclusion landscape over the past 20 years, we will be hosting a series of webinars.
FinScope South Africa Consumer 2021 Results - Webinar
The road to the Olympics for a young woman in the country is fraught with hurdles, though. To unpack why, consider the hurdles a young woman who is an aspiring Olympic athlete must overcome,
Botswana is moving towards the 2021 goal of reducing financial exclusion to 12% or increasing usage of more than one type of formal financial service to 57%.
The objectives of FinScope Botswana 2020 were to understand the adult population in terms of, Livelihoods and how they generate their income, financial needs and demands, financial perceptions, demographic and geographic distribution.
The study aimed to review the impact of the switch from the KYC approach to the risk-based approach on financial inclusion.
South Africa has implemented a shift from a rules-based approach to anti-money laundering and combating terrorist financing (AML/CTF) to a risk-based approach (RBA), a move that came into effect with the amendment to the Financial Intelligence Act.
The Great Reset has happened. The COVID-19 pandemic accelerated the inflection point with systemic effects that affect how people live their lives
This report reviews the implementation of the 2014 MAP Eswatini diagnostic, considers market changes, and identifies financial inclusion interventions to grow the economy
This report reviews the implementation of the 2016 MAP Zimbabwe diagnostic, considers market changes, and identifies financial inclusion interventions to grow the economy
With sustainability of data collection in mind, the i2i has set out to test whether or not mobile tech could be used to offer faster and more cost-effective collection.
This scoping study has been conducted to identify the barriers and opportunities to enable affordable digital delivery and access to basic services in Botswana.
This scoping study has been conducted to identify the barriers and opportunities to enable affordable digital delivery and access to basic services in Malawi.
This scoping study has been conducted to identify the barriers and opportunities to enable affordable digital delivery and access to basic services in Eswatini.
This scoping study has been conducted to identify the barriers and opportunities to enable affordable digital delivery and access to basic services in Madagascar.
This scoping study has been conducted to identify the barriers and opportunities to enable affordable digital delivery and access to basic services in Lesotho.
While we continue to focus on inclusive development of financial markets, we expanded our strategies to include a more direct focus on real economy impacts with FI 2.0
The FinScope Mozambique 2019 survey is the third FinScope survey implemented in Mozambique, following the baseline of 2009 and repeat of 2014.
FinScope 2019 marca o terceiro ciclo em que este inquérito nacionalmente representativo sobre a inclusão financeira é efectuado em Moçambique
The UK has announced a new package to reach 750 000 people in 8 countries across Southern Africa helping communities worst affected by the COVID-19 pandemic.
Este painel representa alguns dos principais dados de mercado sobre inclusão financeira com foco nas mulheres.
Limited support has been provided for economic migrants who send money home to support family members. See what support has been created for migrants in South Africa.
Our panellists discuss cross border remittances and domestic payments in selected SADC countries and the challenges faced by payments service providers.
View highlights from the Mozambique FinScope Consumer Survey 2019 comparing levels of financial inclusion between 2019 and 2014.
View highlights from the Mozambique FinScope Consumer Survey 2019 comparing levels of financial inclusion between 2019 and 2014.
Mozambique implemented the 3rd Mozambique FinScope Survey to help monitor and evaluate sector interventions driven by the National Financial Inclusion Strategy (NFIS).
Read this 2019 full report for more information about the state of financial inclusion in Mozambique.
Four findings from the DataHack4FI Innovation Competition.
Exploring the relationship between platforms, participants and financial services.
The MAP country implementation is a key pillar of the SADC FI strategy, implemented with the SADC Secretariat and the SADC Committee for Central Bank Governors.
The forum was held under the theme “Strengthening Financial Inclusion in Zimbabwe, from Policy to Practice: Lessons and Way Forward”
The fourth SADC Financial Inclusion Forum was held this year to further advance the aspirations of the SADC Strategy on Financial Inclusion and SME access to finance.
Exploring behavioural interventions to increase formal remittances.
An update on behavioural interventions which have proven to influence financial decisions.
Exploring behavioural interventions to improve insurance.
MAP is a diagnostic and programmatic framework to support expanding access to financial services for individuals and micro and small- businesses.
Learnings on the data science landscape in Africa from the DataHack4FI initiative
While financial inclusion has risen to 68% globally, Sub Saharan Africa continues to lag with only 32% of its citizens having an account at a financial institution.
Behavioural interventions to better meet the financial needs of consumers
Digital platforms connecting buyers and sellers of goods and services across Africa are on the rise. Learn more about our research and week of learning in Lagos.
We recently rolled out a pilot study in Nigeria, to explore the digital financial services landscape and how it serves the people. Learn more about our findings here.
We take a closer look at financial inclusion research and the shift towards using transactional data to develop more meaningful indicators.
Read more about our work with the Nigerian Inter-bank Settlement System (NIBSS) and the key findings from our transactional data analysis.
We investigate the prospect of new financial inclusion indicators for policymakers, through transactional data analysis.